Middle East Economic Survey


No 23


Saudi LPG Prices For June Increased

Saudi Aramco and Kuwait Petroleum Corporation (KPC) announced to customers on 31 May that LPG contract prices for June deliveries would be $395/ton for propane and $455/ton for butane, increased by $15/ton and $55/ton respectively from May. Walt Hart, Senior Consultant at Houston-based Purvin & Gertz, told MEES that the announced LPG contract prices are generally in line with market expectations....